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For poverty reduction, many government policies need to be implemented to improve the livelihoods of the people. In addition, every citizen must improve and try to escape from poverty in order to get rich so that the ability to escape poverty is sustainable. Poverty is a very common practice when the world economy is as difficult as it is today.
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There are too many new projects nowadays and that makes it very difficult for investors to choose projects for investment. Many of these projects were created for scam purposes, which is why the ICO projects in this period received little attention from investors.
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Airdrop is a form of project development that aims to bring the project to more people in order to create a large community and reach out to investors. Airdrop in the period 2017 has a very good development but now the market cryptocurrency decline and fluctuate so many airdrop no longer get the attention of participants because no longer bring good results.
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ICOs and tokens from recent ICOs are not an option at all. Most of them are based on Ethereum blockchain, so when the ETH price will go up, they will need to spend more money and they are likely to move to other blockchains. Both variants are not able to make investors happy.
Ethereum is currently suffering a lot from market fluctuations, and it also causes the ERC20 coins to be severely affected. In my opinion, investors should choose short-term trading to reduce risk and wait for the market to recover. |
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If you invest blindly and have no knowledge of the market, then investors will probably lose everything. I also know that there are a lot of investors losing money in this market because of lack of understanding and greed.
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When trading day, volatility occurs very often so investors should put stoploss to limit the loss too much. That is very necessary when trading day that I have withdrawn after time market continuously decline.
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As a new kid in the cryptocurrency world, we often have our share of first mistakes in trading which helps us to be able to become better and wiser in the next transactions. What are these usual or common mistakes that newbies commit?
Due to their inexperience and the false expectations with which newbies tend to start this business, there are endless bad practices that often lead them to suffer large losses again and again in a fast and repetitive way, and according to what I have observed in the years that I have been involved in this business, some of the errors are the following: 1) Lack of an adequate trading plan that involves money and risk management. 2) Lack of discipline, patience and emotional control. 3) Ignorance of technical aspects such as stop loss-take profit levels, risk-reward ratio, technical analysis tools, etc. 4) And above all, the search for unrealistic goals and excessive greed. This is a great share from an experienced person in this market that new investors should learn seriously. I also advise newbies to invest a small amount of money initially and remember to invest only in your own capacity. |
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Right! Tracking the price of coins in the electronic money market is a very useful job. It helps you make good deals and invest in the right direction. Do not trade but rely on the news because the news is not always accurate.
News in the financial markets in general and cryptocurrency in particular are largely created to drive the market in favor of the news creator. So investment decisions need more research and monitoring rather than investing in the information that others create to manipulate the market. |
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Lack of knowledge and greed is the main reason many people fail in the cryptocurrency market. I think investors should have a long-term perspective on this market instead of seeing it as a speculative opportunity to make a profit.
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I think for people who are in need, the best help would be if they were taught how to make money. In this way, they will be able to secure their own future.
Yes, teach people with difficult economic conditions know how to make money instead of giving money. That is how they can overcome difficulties in a sustainable way. |
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For that to try and occur, everybody must have a handheld gadget or a financial framework to do trades. Everyone additionally should have a web association somehow to do their exchanges and that could be a test since the web itself has been with us for 10 years or two and you can't have a web association all over the place.
I think crypto can completely replace fiat money in the future and I'm very hopeful that it will happen soon. I believe that the world will embrace this development trend so that life becomes better without having to carry fiat money. |
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Science and technology are new productivity!
In many countries in the world, as long as you work hard, you can support yourself and buy your own house!
But in some countries in Asia, housing prices are high and their economy is supported by real estate!
Improving science and technology helps people's life become more comfortable when the work is completed very well with a short time. The development of science and technology is a top priority for many countries to develop the country. |
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I think it's difficult to happen, even though Ripple prices have risen very high, but I'm sure to make Ripple prices to $ 5 this year very difficult, because the distance is very far from the current price, but if for the next year I'm sure Ripple prices will reach $ 5 even more.
In the next few years I think xrp can be worth $ 5 but this year it's a very difficult thing because the cryptocurrency market is in a volatile period so for growth to 5 $ is very hard. |
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In the past few days, the market has continuously increased and decreased causing investors to be very confused and do not know which investment direction to suit. I think the market is waiting for a chance to rise sharply in the next few months. Things are just beginning and success is still ahead.
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Since knowing cryptocurrency has given me new opportunities to change my life, I have had a very good income with this market and I also intend to stick with it for a long time. I believe cryptocurrency will grow very strongly in the future.
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Market will get better overtime, its wont happen tho overnight we might even experience another 6-12months bear market before we got to see a nice uptrend honestly its more Profitable if you are going to dollar cost average today just small amount that you are willing to lose or you can live on without it
pick your alt coin or something now research on it then use dollar cost average on it
The market for cryptocurrency in 2018 is really bad and many investors have left the market but I think this is just the beginning. Cryptocurrency is a very potential market and investors can still exploit it if they have enough time and dedication. |
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The market is falling back and I have not seen any signs of growth so if you want to invest in altcoin in this period investors should wait a few more days. Everything in the cryptocurrency market is moving unregulated and investors need to adapt to that.
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For the foreseeable future, I am sure that more and more countries will legalize the use of bitcoin in their countries. Want it or not they have to accept it because of the development of technology that must include bitcoin in it.
It will eventually when they realize that some countries are making best use of the bitcoin and technology and it is helping their economy as well. This will put pressure on other countries as even they want to grow and make their people more employable and this is a the good field where more jobs can be created. I think this is entirely possible because Bitcoin and the cryptocurrency market are getting tremendous support from the global financial markets. Besides, the blockchain technology applied in the cryptocurrency market is showing great efficiency when applied in practice. |
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Online sales of Bitcoin and crypto will be popular in the future because of the strong development trend of the cryptocurrency market. I believe that the cryptocurrency market will bring efficiency to online commerce.
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for people who have experience in the crypto world I think they will have a very brilliant strategy to deal with the falling crypto market situation. and maybe for some people who are new to the crypto world the crypto market price will fall into a frightening specter so they don't have the courage to continue playing in the crypto world. so I think experience will be very important in dealing with any situation in the crypto world.
Those who are new will surely panic in this situation. The newbies when they see such low bitcoin and other altcoin prices think that the bitcoin is dead and this fear make them panic sell. Financial investment is often risky and cryptocurrency is no exception so investors should have clear and reasonable strategy to minimize losses. The cryptocurrency market is going through an extremely difficult period so investors should have a plan in place to overcome this phase. |
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